The new Memory ETF KMEM debuted today, aiming to provide exposure to global memory chip companies.

BlockBeats News, July 1st, according to BIT (bit.com) market data, the Kurv Memory Select ETF (ticker: KMEM) officially started trading today. This ETF aims to provide investors with a more targeted exposure to the storage chip industry, focusing on global leading companies in memory manufacturing.

The fund's holdings are mainly concentrated in key storage chip manufacturers, including SK Hynix accounting for approximately 41.53%, Micron Technology accounting for about 19.85%, Samsung Electronics accounting for around 18.81%, SanDisk at 3.64%, and Western Digital at 3.4%. By heavily weighting towards industry giants, the ETF enhances its structural exposure to the memory chip cycle and demand growth.

KMEM is currently trading at $23.61, a 13.36% decline from the listing price, with a trading volume of $2.417 million.